The World Poker Tour (WPT) announced today that is has been acquired by Ourgame International Holdings Ltd. for a price of $35 million in cash.
Ourgame International Holdings Ltd. is a Hong Kong-listed corporation specializing in social gaming, with a wide offering of Internet card and board games across different platforms. The company boasts more than 500 million users, and it has previously worked with the WPT to help facilitate WPT National China at MGM Grand Sanya Resort.
"Having already established an exciting partnership with Ourgame, a high-growth company led by an enthusiastic group that is fully invested in the global growth of the sport of poker, we are delighted to now become a fully-integrated member of the Ourgame family," said WPT President & CEO Adam Pliska.